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An empowered group of ministers (eGoM) is unlikely to finalise a base price for the sale of spectrum in its meeting tomorrow. The panel, headed by finance minister Pranab Mukherjee, is, however, expected to allow mobile firms to use spectrum as collateral and raise funds from banks.... | Read..
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Fitch Ratings today cut the outlook on seven domestic banks and three financial institutions to negative from stable following its revision of India’s sovereign out... | Read..
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Fourteen more services have been put on the negative list for the purpose of taxes as the government streamlines the administrative procedures of this vital revenue sourc... | Read..
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The government is likely to approve next week a compensation package from US aircraft manufacturer Boeing for an over three-year delay in the delivery of planes. Air Indi... | Read..
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The Reserve Bank of India (RBI) today stipulated that non-bank entities wanting to establish automated teller machines — known as white label ATMs (WLAs) — mu... | Read..
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Honda Motors’ upcoming research and development (R&D) centre at Manesar will play a crucial role in generating... | Read..
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Bokaro Steel chief executive officer Anutosh Maitra today said the company needed to step up efforts to raise production... | Read..
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Ultrabooks will contribute around 15 per cent to Hewlett-Packard’s (HP) Indian shipments by 2013, which is expecte... | Read..
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The US Federal Reserve on Wednesday extended its monetary stimulus to a US economic recovery that looks at risk of stalling,... | Read..
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Briefs
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